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Southern Vermont Communications Union District Wins $9 Million Grant to Expand Fiber in Southwest Vermont
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Rhea-AI Summary
Consolidated Communications (CNSL) has partnered with Fidium Fiber and the Southern Vermont Communications Union District (So VT CUD) to provide fiber internet to more than 19,000 homes in southern Vermont. A $9 million grant from the Vermont Community Broadband Board, combined with a $3.3 million investment from CNSL, will cover 6,412 addresses. The project aims to ensure high-speed internet access in 14 towns by the end of 2023, enhancing connectivity for underserved areas.
Positive
Total investment of $13.3 million for expanding fiber internet access.
Partnership with Fidium Fiber enhances infrastructure for competitive pricing and multi-gigabit speeds.
Expected completion for fiber access to over 19,000 homes in 2023.
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In partnership with Fidium Fiber, more than 19,000 Vermont homes will get fiber in 2023
BENNINGTON, Vt.--(BUSINESS WIRE)--
The Southern Vermont Communications Union District (So VT CUD) recently received approval for its $9 million internet fiber construction grant from the Vermont Community Broadband Board (VCBB). The grant, along with a $3.3 million investment from Consolidated Communications will cover 6,412 addresses across southern Vermont. The CUD, in partnership with Consolidated Communications, who will build, maintain and operate the network, expects all unserved and underserved residents in 14 towns in the CUD to have access to Fidium Fiber’s multi-gigabit speed internet in 2023 at competitive prices.
"The Vermont Community Broadband Board is pleased with the partnership that has been established with Fidium Fiber and So VT CUD to provide residents in the 14 towns in southwestern Vermont with affordable and reliable high-speed Internet,” said Christine Hallquist, executive director of the Vermont Community Broadband Board. “This is an example of public-private partnerships that will ensure every Vermonter finally has reliable and low-cost connections needed to participate in the digital economy as well as provide public oversight and accountability."
Since 2019, when the Vermont Legislature and Governor enacted Act 71 permitting the creation of CUDs, the So VT CUD’s mission has been to ensure all residents, regardless of location, have access to world-class internet at an affordable price. The partnership with Consolidated will allow the CUD to achieve this mission.
To bring fiber to more households, the company is investing $10.8 million to build more than 13,000 additional addresses not covered by the grant, bringing the total number of homes reached to 19,000. Consolidated’s construction, operation and maintenance expertise as well as its existing fiber will help deliver the project’s completion swiftly. Service will be delivered by Fidium, Consolidated’s residential fiber brand. A portion of Consolidated’s investment is also supported by the FCC’s Rural Digital Opportunity Fund (RDOF) program. In other words, private capital, federal support, state investment, and community partnership are all coming together to solve the problem of unserved and underserved homes.
Eric Hatch, Chair of the So VT CUD, spoke of the benefits of this grant which many groups and individuals worked on to win: "In true Vermont fashion, our communities came together to solve a long-standing problem that held back our state from competing in today's marketplace. With access to fiber, all 14 towns in the district will have the infrastructure to retain and attract people to southwest Vermont."
“We are thrilled to continue our partnership with Southern Vermont CUD to solve the unserved-underserved problem in the next year,” said Erik Garr, President Fidium Fiber at Consolidated. “This is a great example of how a public private partnership with support from the federal, state, and local levels can deliver for citizens very quickly. We have already reached 500 unserved homes this year and can’t wait to do the rest in 2023.”
The So VT CUD currently represents the towns of: Arlington, Bennington, Dorset, Landgrove, Londonderry, Manchester, Peru, Pownal, Rupert, Sandgate, Shaftsbury, Sunderland, Winhall and Woodford.
About Southern Vermont Communication Union District
Southern Vermont Communication Union District (So VT CUD) is a municipality formed according to Vermont statute 30 VSA chapter 82. We are run by volunteers in our local communities. Our purpose is to bring high-speed Internet service (broadband) to under-served areas of southern Vermont. If you are interested in helping, have questions about eligibility or would like to learn more, visit https://sovtcud.net.
About Consolidated Communications
Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is dedicated to moving people, businesses and communities forward by delivering the latest reliable communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning more than 50,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support. Learn more at consolidated.com. Connect with us on social media.
